bankruptcy

After receiving the terrible news Wednesday that Bergner's would be closing it's doors here in Rockford and across the country. Customers are now hit with another punch to the gut in an e-mail. The company has canceled their rewards cards.

On Thursday, RadioShack filed for bankruptcy. The once popular electronics store announced that it entered into an agreement with hedge fund Standard General for the company to purchase up to 2,400 of its stores. However, to facilitate this sale, the company has filed for Chapter 11 bankruptcy prote…